JUVAH: what changed
What changed
JUVAH
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€541,637
2024 · €1.1m-€539,102
Equity
€1.1m
2024 · €1.1m+€51,637
Cash
€1.0m
2024 · €334,926+€684,777
Balance sheet total
€6.5m
2024 · €5.5m+€979,078
Largest movements
Assets
- Cash +€684,777
up €684,777 (+204%), from €334,926 to €1.0m
mainly Net result for the year (+€541,637) and Other debts (+€477,319)
- Receivables within one year +€297,885
up €297,885 (+9.9%), from €3.0m to €3.3m
of which Other amounts receivable: +€368,747
- Tangible fixed assets -€78,041
down €78,041 (-27.1%), from €288,508 to €210,466
Equity and liabilities
- Other debts +€477,319
up €477,319 (+28.3%), from €1.7m to €2.2m
- Trade debts +€464,894
up €464,894 (+62.2%), from €747,506 to €1.2m
- Short-term financial debts +€295,000
up €295,000 (+41.5%), from €710,000 to €1.0m
- Debts after one year -€290,734
down €290,734 (-47.8%), from €608,380 to €317,646
- Current portion of long-term debt -€107,999
down €107,999 (-28.4%), from €379,964 to €271,965
Income statement
- Turnover +€1.7m
up €1.7m (+9.8%), from €16.8m to €18.5m
- Goods and materials +€1.7m
up €1.7m (+16.5%), from €10.0m to €11.7m
of which Purchases: +€1.4m
- Staff costs +€625,483
up €625,483 (+23.3%), from €2.7m to €3.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.1m
Turnover
+€1.7m
Other operating income
-€67,311
Goods and materials
-€1.7m
Services and other goods
-€31,494
Staff costs
-€625,483
Depreciation
-€2,071
Write-downs
-€80,977
Other operating charges
+€10,172
Other operating items
+€277,419
Financial income
-€11,147
Financial charges
-€39,650
Taxes
+€29,922
Result 2025
€541,637
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.3m
Investment
-€33,077
Financing
-€593,733
Cash 2024
€334,926
From operations (derived)
+€1.3m
Net result for the year
+€541,637
Depreciation
+€124,260
Stocks and contracts
-€34,407
Receivables within one year
-€297,885
Deferred charges and accrued income
-€53,192
Trade debts
+€464,894
Tax, wage and social debts
+€61,423
Other debts
+€477,319
Accrued charges and deferred income
+€27,539
Investment (derived)
-€33,077
Investment in fixed assets (net)
-€33,077
Financing
-€593,733
Debts after one year
-€290,734
Current portion of long-term debt
-€107,999
Short-term financial debts
+€295,000
Contributions, distributions and other
-€490,000
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,497,054 | €6,476,133 | +€979,078 | +17.8% |
| Fixed assets | 21/28 | €394,882 | €303,699 | -€91,183 | -23.1% |
| Intangible fixed assets | 21 | €101,822 | €88,681 | -€13,141 | -12.9% |
| Tangible fixed assets | 22/27 | €288,508 | €210,466 | -€78,041 | -27.1% |
| Land and buildings | 22 | €3,285 | €2,738 | -€547 | -16.6% |
| Plant, machinery and equipment | 23 | €82,584 | €65,350 | -€17,234 | -20.9% |
| Furniture and vehicles | 24 | €90,263 | €51,869 | -€38,394 | -42.5% |
| Other tangible fixed assets | 26 | €112,377 | €90,510 | -€21,866 | -19.5% |
| Financial fixed assets | 28 | €4,552 | €4,552 | = | 0.0% |
| Other financial fixed assets | 284/8 | €4,552 | €4,552 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,552 | €4,552 | = | 0.0% |
| Current assets | 29/58 | €5,102,173 | €6,172,434 | +€1.1m | +21.0% |
| Stocks and contracts in progress | 3 | €1,697,756 | €1,732,163 | +€34,407 | +2.0% |
| Stocks | 30/36 | €1,539,031 | €1,199,152 | -€339,879 | -22.1% |
| Goods purchased for resale | 34 | €1,539,031 | €1,199,152 | -€339,879 | -22.1% |
| Contracts in progress | 37 | €158,725 | €533,011 | +€374,286 | +236% |
| Amounts receivable within one year | 40/41 | €3,008,546 | €3,306,431 | +€297,885 | +9.9% |
| Trade receivables | 40 | €2,661,964 | €2,591,102 | -€70,862 | -2.7% |
| Other amounts receivable | 41 | €346,583 | €715,329 | +€368,747 | +106% |
| Cash at bank and in hand | 54/58 | €334,926 | €1,019,703 | +€684,777 | +204% |
| Deferred charges and accrued income | 490/1 | €60,945 | €114,137 | +€53,192 | +87.3% |
| Total equity and liabilities | 10/49 | €5,497,054 | €6,476,133 | +€979,078 | +17.8% |
| Equity | 10/15 | €1,090,482 | €1,142,119 | +€51,637 | +4.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,028,482 | €1,080,119 | +€51,637 | +5.0% |
| Distributable reserves | 133 | €1,028,482 | €1,080,119 | +€51,637 | +5.0% |
| Amounts payable | 17/49 | €4,406,573 | €5,334,014 | +€927,441 | +21.0% |
| Amounts payable after more than one year | 17 | €608,380 | €317,646 | -€290,734 | -47.8% |
| Financial debts | 170/4 | €608,380 | €317,646 | -€290,734 | -47.8% |
| Credit institutions | 173 | €588,971 | €317,646 | -€271,325 | -46.1% |
| Other loans | 174 | €19,410 | €0 | -€19,410 | -100% |
| Amounts payable within one year | 42/48 | €3,794,461 | €4,985,097 | +€1.2m | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €379,964 | €271,965 | -€107,999 | -28.4% |
| Financial debts | 43 | €710,000 | €1,005,000 | +€295,000 | +41.5% |
| Credit institutions | 430/8 | €710,000 | €1,005,000 | +€295,000 | +41.5% |
| Trade debts | 44 | €747,506 | €1,212,400 | +€464,894 | +62.2% |
| Suppliers | 440/4 | €747,506 | €1,212,400 | +€464,894 | +62.2% |
| Taxes, remuneration and social security | 45 | €272,247 | €333,670 | +€61,423 | +22.6% |
| Taxes | 450/3 | €15,081 | €0 | -€15,081 | -100% |
| Remuneration and social security | 454/9 | €257,166 | €333,670 | +€76,503 | +29.7% |
| Other amounts payable | 47/48 | €1,684,744 | €2,162,063 | +€477,319 | +28.3% |
| Accrued charges and deferred income | 492/3 | €3,732 | €31,270 | +€27,539 | +738% |
| Operating income | 70/76A | €16,983,020 | €18,850,534 | +€1.9m | +11.0% |
| Turnover | 70 | €16,802,919 | €18,457,734 | +€1.7m | +9.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €94,225 | €374,286 | +€280,061 | +297% |
| Other operating income | 74 | €85,825 | €18,514 | -€67,311 | -78.4% |
| Non-recurring operating income | 76A | €50 | €0 | -€50 | -100% |
| Operating charges | 60/66A | €15,791,358 | €18,177,099 | +€2.4m | +15.1% |
| Goods for resale, raw materials and consumables | 60 | €10,043,123 | €11,696,419 | +€1.7m | +16.5% |
| Purchases | 600/8 | €9,916,196 | €11,356,540 | +€1.4m | +14.5% |
| Change in stocks: decrease (increase) | 609 | €126,927 | €339,879 | +€212,952 | +168% |
| Services and other goods | 61 | €2,899,463 | €2,930,957 | +€31,494 | +1.1% |
| Remuneration, social security and pensions | 62 | €2,680,712 | €3,306,195 | +€625,483 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,189 | €124,260 | +€2,071 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €80,977 | +€80,977 | |
| Other operating charges | 640/8 | €45,871 | €35,699 | -€10,172 | -22.2% |
| Non-recurring operating charges | 66A | - | €2,592 | +€2,592 | |
| Operating profit (loss) | 9901 | €1,191,662 | €673,435 | -€518,227 | -43.5% |
| Financial income | 75/76B | €87,109 | €75,962 | -€11,147 | -12.8% |
| Recurring financial income | 75 | €87,109 | €75,962 | -€11,147 | -12.8% |
| Income from current assets | 751 | - | €8,380 | +€8,380 | |
| Other financial income | 752/9 | €87,109 | €67,582 | -€19,527 | -22.4% |
| Financial charges | 65/66B | €98,426 | €138,076 | +€39,650 | +40.3% |
| Recurring financial charges | 65 | €98,426 | €138,076 | +€39,650 | +40.3% |
| Debt charges | 650 | €71,477 | €106,339 | +€34,862 | +48.8% |
| Other financial charges | 652/9 | €26,949 | €31,737 | +€4,788 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €1,180,345 | €611,321 | -€569,024 | -48.2% |
| Income taxes | 67/77 | €99,606 | €69,683 | -€29,922 | -30.0% |
| Taxes | 670/3 | €99,606 | €70,627 | -€28,979 | -29.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €943 | +€943 | |
| Profit (loss) for the period | 9904 | €1,080,739 | €541,637 | -€539,102 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,080,739 | €541,637 | -€539,102 | -49.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.